Orbit Historical Cash Flow
| OGD Stock | CAD 1.21 0.01 0.82% |
Analysis of Orbit Garant cash flow over time is an excellent tool to project Orbit Garant Drilling future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Other Non Cash Items of 4.2 M or Capital Expenditures of 9.9 M as it is a great indicator of Orbit Garant ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Orbit Garant Drilling latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Orbit Garant Drilling is a good buy for the upcoming year.
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About Orbit Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Orbit balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Orbit's non-liquid assets can be easily converted into cash.
Orbit Garant Cash Flow Chart
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Capital Expenditures
Capital Expenditures are funds used by Orbit Garant Drilling to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Orbit Garant operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most accounts from Orbit Garant's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Orbit Garant Drilling current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orbit Garant Drilling. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Orbit Garant's Other Cashflows From Investing Activities is very stable compared to the past year.
| 2024 | 2025 (projected) | Stock Based Compensation | 131.4K | 124.8K | Dividends Paid | 120.1K | 106.8K |
Orbit Garant cash flow statement Correlations
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Orbit Garant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Orbit Garant cash flow statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | 4.4M | (6.1M) | (1.6M) | 2.9M | 3.3M | 3.5M | |
| Change In Cash | (1.7M) | (2.2M) | 1.2M | (1.8M) | (1.7M) | (1.6M) | |
| Free Cash Flow | 1.9M | (6.1M) | 4.9M | 481K | 432.9K | 454.5K | |
| Change In Working Capital | (3.4M) | (1.1M) | (700K) | (76K) | (87.4K) | (91.8K) | |
| Other Cashflows From Financing Activities | 3.2M | (10.8M) | (165K) | (1.5M) | (1.8M) | (1.9M) | |
| Depreciation | 10.5M | 11.1M | 11.1M | 10.7M | 12.3M | 10.9M | |
| Other Non Cash Items | 328K | 2.2M | 3.3M | 3.5M | 4.0M | 4.2M | |
| Capital Expenditures | 7.9M | 12.0M | 9.4M | 8.7M | 10.1M | 9.9M | |
| Total Cash From Operating Activities | 9.8M | 5.9M | 14.4M | 9.2M | 8.3M | 7.1M | |
| Change To Account Receivables | (19.8M) | (130K) | 9.6M | (3.0M) | (2.7M) | (2.5M) | |
| Net Income | 4.8M | (3.4M) | 429K | (5.0M) | (4.5M) | (4.3M) | |
| Total Cash From Financing Activities | (3.8M) | 2.7M | (4.4M) | (5.6M) | (5.0M) | (4.8M) | |
| End Period Cash Flow | 3.3M | 1.0M | 2.2M | 332K | 298.8K | 283.9K | |
| Begin Period Cash Flow | 5.0M | 3.3M | 1.0M | 2.2M | 2.0M | 2.3M | |
| Stock Based Compensation | 232K | 206K | 83K | 146K | 131.4K | 124.8K | |
| Investments | 256K | 28K | (8.4M) | (6.0M) | (5.4M) | (5.7M) | |
| Net Borrowings | 7.1M | (4.0M) | 2.7M | (4.4M) | (5.1M) | (4.8M) | |
| Total Cashflows From Investing Activities | (10.1M) | (6.7M) | (10.8M) | (8.4M) | (7.6M) | (8.0M) | |
| Change To Operating Activities | 327K | 31K | (328K) | 88K | 79.2K | 83.2K | |
| Change To Netincome | 933K | 328K | 2.4M | 4.6M | 5.3M | 5.6M | |
| Change To Liabilities | (6.2M) | 12.0M | 5.4M | (8.8M) | (7.9M) | (7.5M) |
Pair Trading with Orbit Garant
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Orbit Garant position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Orbit Garant will appreciate offsetting losses from the drop in the long position's value.Moving together with Orbit Stock
Moving against Orbit Stock
| 0.7 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.65 | GOOG | Alphabet CDR | PairCorr |
| 0.58 | IE | Ivanhoe Energy | PairCorr |
| 0.55 | NVDA | NVIDIA CDR | PairCorr |
| 0.47 | AMZN | Amazon CDR | PairCorr |
The ability to find closely correlated positions to Orbit Garant could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orbit Garant when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Orbit Garant - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Orbit Garant Drilling to buy it.
The correlation of Orbit Garant is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Orbit Garant moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orbit Garant Drilling moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Orbit Garant can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Orbit Stock
The Cash Flow Statement is a financial statement that shows how changes in Orbit balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Orbit's non-liquid assets can be easily converted into cash.